RHC Pipeline Report v19.18

RHC REPORT HIGHLIGHT

Andreessen Horowitz, a firm that in just a decade become one of the powerhouses of venture capital, said on Wednesday it had raised another $2.75 billion.

The bulk of the cash, $2 billion, will go toward a new late-stage fund, led by general partner David George. He joined Andreessen Horowitz earlier this year from venture firm General Atlantic.

Read More:

https://www.bloomberg.com/news/articles/2019-05-01/andreessen-horowitz-raises-2-75-billion-for-two-new-funds

https://www.businessinsider.com/andreessen-horowitz-launches-2-billion-late-stage-fund-2019-5

RHC PIPELINE REPORT

  • Union Square Ventures, a New York City-based venture capital firm, raised two new funds totalling $450m
  • Harrison Street, an alternative real asset investment firm dedicated to the Education, Healthcare and Storage sectors, closed its second European closed-end fund, Harrison Street European Property Partners II, L.P., at €500m
  • Motus Ventures, a Redwood City, CA-based seed stage venture capital fund and business accelerator investing in early stage businesses, launched the $30m Motus Smart World Innovation Fund
  • Pangaea Ventures, a Vancouver, BC venture capital firm, closed its fourth advanced-materials fund, at approx. $70m
  • Pegasus Tech Ventures, a San Francisco, CA-based global venture capital firm, is launching officially
  • Seattle, WA-based early-stage technology venture capital firm Madrona Venture Group closed its first Acceleration Fund, at $100m
  • Toyota AI Ventures, a Los Altos, CA-based venture capital firm subsidiary of Toyota Research Institute, launched new $100m fund
  • Math Venture Partners, a Chicago, IL-based early stage venture capital firm, closed a new fund, at $46m
  • Palo Alto, CA- and London, UK-based AV8 Ventures has raised a €150m (approx. $170m) debut early-stage venture capital fund
  • Liquid 2 Ventures, a San Francisco, CA-based early stage venture capital firm, held a $37.67m close of its second fund
  • Five Elms Capital, a Kansas City, Mo.-based investor in founder-owned software businesses, held the first and final close of its fourth fund, at more than $300m
  • Venture capital firm Andreessen Horowitz has closed two funds totalling $2.750 billion

DISCLAIMER: This is a beta blog and all deal information is provided by AP, Bloomberg, Forbes, Fortune, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

RHC Pipeline Report v19.17

RHC REPORT HIGHLIGHT

Palo Alto, CA- and London, UK-based AV8 Ventures has raised a €150m (approx. $170m) debut early-stage venture capital fund.

Solely backed by Allianz Group, one of the world’s leading insurers and asset managers with more than 92 million retail and corporate customers, the fund will invest in seed and Series A startups in the U.S. and Europe focused on the “machine-enabled future.”

Read More: https://techcrunch.com/2019/04/23/av8-ventures-raises-170m-to-invest-in-digital-health-mobility-and-enterprise-tech/

RHC PIPELINE REPORT

  • Variant Equity acquired Coach USA, a Paramus, N.J.-based provider of passenger transportation and mobility services, from Stagecoach Group plc for about $271.4 million.
  • EMV Capital acquired a controlling stake in Vortex Biosciences, a Palo Alto, Calif.-based provider of liquid biopsy of circulating tumor cells. Financial terms weren’t disclosed.
  • LLR Partners made an investment in Magaya Corporation, a Miami-based provider of warehouse, cargo, and supply chain management software solutions. Financial terms weren’t disclosed.
  • Telestream, backed by Genstar Capital, merged with Tektronix Video, video testing and monitoring for broadcast and digital media markets co-owned by Fortive. Financial terms weren’t disclosed.
  • BV Investment Partners invested in Franco Signor, a Bradenton, Fla.-based provider of Medicare Secondary Payer (MSP) compliance solutions to insurers. Financial terms weren’t disclosed.
  • LLR Partners today invested in Magaya Corporation, a Miami-based provider of warehouse, cargo, and supply chain management software solutions. Financial terms weren’t disclosed.
  • MiddleGround Capital acquired Peterson Spring, a Southfield, Mich.-based specialty spring manufacturer. Financial terms weren’t disclosed.
  • Gridiron Capital made an investment in Remington Products, a Wadsworth, Ohio-based provider of branded and private label orthotic solutions. Financial terms weren’t disclosed.
  • Enlightenment Capital acquired Trowbridge & Trowbridge, a McLean, Va.-based provider of IT solutions to defense, intelligence, and civilian government agencies. Financial terms weren’t disclosed.
  • GenServe LLC, a portfolio company of GenNx360 Capital Partners, acquired Power Performance Industries, a Yonkers, N.Y.-based provider of maintenance and repair services to industrial generators and backup power solutions. Financial terms weren’t disclosed.
  • Apollo Global Management will acquire Smart & Final Stores Inc (NYSE:SFS) for approximately $1.1 billion, including debt.

DISCLAIMER: All deal information is provided by 3rd party sources such as AP, Bloomberg, Forbes, Fortune, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), etc. Please check with the company website for a press release. We do not update our posting or check the source of the news.